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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Dec. 28, 2024
Dec. 30, 2023
Operating activities:    
Net income (loss) $ (3,790) $ 1,419
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 5,536 5,498
Amortization of interest rate swap 0 97
Amortization of deferred loan costs 1,286 137
Noncash lease expense 2,371 2,928
Provision for warranty 16 138
Provision for credit losses 372 49
Loss (gain) on disposal of assets 8 (36)
Gain on insurance proceeds, net of losses 0 (431)
Share-based compensation expense 83 111
Deferred income taxes (2,166) (1,213)
Noncash accrued compensation benefit 0 (3,907)
Changes in operating assets and liabilities:    
Trade receivables 19,415 15,708
Contract assets 2,361 2,155
Inventories 4,390 13,808
Other assets (3,922) 417
Accounts payable (15,809) (24,541)
Accrued compensation and vacation (292) (3,768)
Other liabilities 1,678 511
Cash provided by operating activities 11,537 9,080
Investing activities:    
Purchase of property and equipment (821) (2,609)
Proceeds from insurance 0 2,249
Cash used in investing activities (821) (360)
Financing activities:    
Payment of financing costs (2,580) (625)
Repayments of long term debt (2,294) (1,457)
Borrowings under revolving credit agreement 310,646 272,755
Repayments of revolving credit agreement (343,489) (278,643)
Principal payments on finance leases (1,507) (2,561)
Proceeds from issuance of long-term debt 28,000 1,161
Cash used in financing activities (11,224) (9,370)
Net decrease in cash and cash equivalents (508) (650)
Cash and cash equivalents, beginning of period 4,752 3,603
Cash and cash equivalents, end of period 4,244 2,953
Supplemental cash flow information:    
Interest payments 5,986 6,015
Income tax payments, net of refunds 458 1,602
Recognition of operating lease liabilities and right-of-use assets $ 784 $ 3,575